GreenHomeBuilder

Magazine

Green Home Builder magazine: A business management tool for homebuilding professionals, Green Home Builder magazine is a national homebuilding magazine with a focus on third-party certified production housing. Readers include top industry executives, company presidents, CEOS, sales and marketing teams, architects, designers and engineers, and suppliers, manufacturers and distributors. Source

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Residential developer, Dwell Development LLC, is pushing the envelope of sustainable design and green construction in the Pacific Northwest By Carina CalhounSome may believe that building an energy-efficient home is a common practice these days. However, sustainable residential builder Dwell Development LLC has taken green building practices to the next level with Seattle, Wash.’s first-ever Emerald Star certified home.

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When selecting energy efficient windows, consider their ratings on energy performance in relation to the design of your home and your climateIn efforts to save more energy, it is important that, as home builders, we do our part in choosing and installing energy efficient products to go into homes. This not only helps the home owner save energy and money, but significantly separates your construction company for your competition.

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Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.38% this week, up from 4.32% last week and the highest since April 2014. The rate on 15-year, fixed-rate loans rose to 3.84% from 3.77% last week.

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Tax cuts are still making homebuilders feel better, even as mortgage rates rise to the highest level in more than four years. Builder confidence was unchanged in February from the prior month, remaining at 72 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Anything above 50 is considered positive sentiment. The index is up from 65 in February 2017 and hit a cyclical high of 74 last December, just as the Republican tax cut plan was being passed.

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The outlook from U.S. builders is being buoyed by a strong job market and a sizzling hot economy. The National Association of Home Builders/Wells Fargo builder sentiment index released Thursday read 72 for the second consecutive month. That’s still just 2 points shy of December’s reading, which was an 18-year high for optimism among the nation’s builders. Readings above 50 indicate more builders see sales conditions as good rather than poor. The index has been above 60 since September 2016.

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Appraisers and homeowners were a little further apart from each other for the first time in eight months as the average appraisal came in 0.60% below homeowner estimates. The good news is that home values were up 0.46% in January and have risen 7.03% on the year. The gap between homeowner perceptions of home value and actual appraisal values was 0.60% in January, as compared to 0.50% in December.

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Are you planning to refresh your home but aren’t sure where to start? Some of today’s most popular design trends encourage mixing and matching favorite home accents within the same space. There is no need to feel limited by fixtures or finishes, according to design expert, Colleen Visage, who is Progress Lighting’s vice president of Product Management. “Homeowners today are not content to have the same look, the same finishes or the same collections throughout the house,” says Visage.

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The family trust of a man thought to be one of the largest property owners in the country has purchased 1,183 acres of undeveloped desert land once slated for a 3,000-home community – not to mention an 18-hole golf course and a hotel – in the rural desert of north Indio. GM Gabrych Family LP last month purchased the property, a master-planned development called Grand Valley, for $8 million on Jan. 25, county property records show.

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Rising home prices and rents are creating an affordable housing crisis in America, and it’s been a rough few months for the effort to combat it. First, Congress passed a tax bill in December that neuters the Low Income Housing Tax Credit (LIHTC) program, with one study suggesting it could lead to 235,000 fewer affordable housing units produced over the next 10 years.

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